120 Penny Ln, Mena, AR, 71953
About This Home
120 Penny Lane is the kind of Mena home that makes you feel like you’ve found something special the second you pull in. Sitting on over 2 acres in the desirable Mena Lake area, this luxury home offers the privacy, space, and lifestyle buyers dream about, just minutes from town. Inside, vaulted ceilings create an open, welcoming feel, while the kitchen features granite countertops, attractive cabinetry, stainless steel appliances, and a breakfast nook overlooking the fenced deck and pool. Imagine slow mornings with coffee, summer afternoons by the water, and cozy evenings by the gas fireplace. The main-level primary suite includes a walk-in closet, double vanity, separate shower, and jacuzzi tub. You’ll also find a formal dining room, private office, large pantry, and laundry room with sink and storage. Upstairs offers 3 spacious bedrooms, including a Jack-and-Jill bath and an en-suite bedroom with built-ins. With newer appliances, water heaters, AC units, luxury vinyl flooring, brand-new siding, brand-new roof, 2-car garage, extra garage/shop space, and a FEMA-approved storm shelter, this home checks the boxes most buyers wish they could find. YOUR private Mena oasis!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1997
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick,Metal/Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Free-Standing Range,Microwave,Gas Range,Dishwasher,Electric Water Heater
- Laundry features: Washer Hookup,Electric Dryer Hookup,Laundry Room
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Dining Room
- Features: Separate Dining Room,Eat-in Kitchen,Kitchen/Dining Combo,Living/Dining Combo,Breakfast Bar
Features
- Walk-In Closet(s),Ceiling Fan(s),Granite Counters,Pantry,Sheet Rock,Vaulted Ceiling(s),Primary Bedroom/Main Lv,3 Bedrooms Same Level
- Flooring: Carpet,Tile,Luxury Vinyl
- Fireplace features: Gas Starter
- Fireplace: Yes
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Electric
Interior Area
- Total structure area: 3,660
- Total interior livable area: 3,660 sqft
Property
Details
- Parcel number: 0000043290650
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: Above Ground
- Patio & porch: Deck,Porch
- Exterior features: Storm Cellar
Lot
- Lot size: 2.18 Acres
- Features: Level,Wooded,Cleared,Subdivided
Parking
- Total spaces: 2
- Parking features: Garage,Two Car,Garage Door Opener
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Hail
- Lightning
- Strong Wind
- Tornado
- Winter Weather
- Cold Wave
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,477 | $29,724 |
| Home Insurance | $542 | $6,504 |
| Property Taxes | $142 | $1,704 |
| Electricity | $265 | $3,180 |
| Total | $3,426 | $41,112 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-30 | Listed for sale | $489,900 |
| 2026-04-17 | Listing removed | $535,000 |
| 2026-01-28 | Price change | $535,000 |
| 2025-10-03 | Listed for sale | $549,000 |
| 2015-12-18 | Sold | $268,500 |
| 2015-11-24 | Pending sale | $279,900 |
| 2015-04-10 | Listed for sale | $279,900 |
| 2014-10-26 | Listing removed | $289,900 |
| 2014-04-26 | Price change | $289,900 |
| 2013-04-25 | Listed for sale | $299,900 |
| 2012-11-18 | Listing removed | $299,900 |
| 2012-04-18 | Listed for sale | $299,900 |
| 2009-10-16 | Sold | $243,000 |
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